ReNew Energy Global plc (NASDAQ:RNW)’s traded shares stood at 0.89 million during the last session, with the company’s beta value hitting 0.89. At the close of trading, the stock’s price was $7.47, to imply a decrease of -1.32% or -$0.1 in intraday trading. The RNW share’s 52-week high remains $7.76, putting it -3.88% down since that peak but still an impressive 31.06% since price per share fell to its 52-week low of $5.15. The company has a valuation of $2.71B, with an average of 0.92 million shares in intraday trading volume over the past 10 days and average of 934.68K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for ReNew Energy Global plc (RNW), translating to a mean rating of 1.75. Of 2 analyst(s) looking at the stock, 0 analyst(s) give RNW a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy.
ReNew Energy Global plc (NASDAQ:RNW) trade information
After registering a -1.32% downside in the last session, ReNew Energy Global plc (RNW) has traded red over the past five days. The 5-day price performance for the stock is -2.35%, and 11.16% over 30 days. With these gigs, the year-to-date price performance is 32.92%. Short interest in ReNew Energy Global plc (NASDAQ:RNW) saw shorts transact 1.73 million shares and set a 1.21 days time to cover.
The extremes give us $9 and $9 for target low and target high price respectively. As such, RNW has been trading -20.48% off suggested target high and -20.48% from its likely low.
RNW Dividends
ReNew Energy Global plc has its next earnings report out on 2025-Jun-16. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
ReNew Energy Global plc (NASDAQ:RNW)’s Major holders
ReNew Energy Global plc insiders hold 15.75% of total outstanding shares, with institutional holders owning 87.26% of the shares at 103.57% float percentage. In total, 87.26% institutions holds shares in the company, led by CANADA PENSION PLAN INVESTMENT BOARD. As of 2024-06-30, the company held over 76.5 million shares (or 4.66% of shares), all amounting to roughly $477.37 million.
The next major institution holding the largest number of shares is RUBRIC CAPITAL MANAGEMENT LP with 13.51 million shares, or about 0.8227% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $84.28 million.
We also have ADVISORS’ INNER CIRCLE III-Ecofin Global Renewables Infrastructure Fd. and Templeton Developing Markets Trust as the top two Mutual Funds with the largest holdings of the ReNew Energy Global plc (RNW) shares. Going by data provided on Mar 31, 2025 , ADVISORS’ INNER CIRCLE III-Ecofin Global Renewables Infrastructure Fd. holds roughly 1.74 shares. This is just over 0.71% of the total shares, with a market valuation of $13.03 million. Data from the same date shows that the other fund manager holds a little less at 1.37, or 0.56% of the shares, all valued at about 10.23 million.
